In the first eight months of 2025, the Ministry of Finance collected only 45% of its budgeted revenue from government bond sales.

According to the ICU, in August the ministry issued UAH 26.4B in hryvnia bonds but only repaid UAH 12.1B. Additionally, in August the ministry raised $390M, surpassing the $280M in repayments in the same currency last month. No euro-denominated bonds were issued in…

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